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phillips reveals lineup for its march sales in london including scandinavian masterworks and 800 k emin painting

Phillips has unveiled the lineup for its upcoming Modern and Contemporary art sales in London, scheduled for March 5 and 7. The auctions are headlined by a significant group of Scandinavian masterworks from the collection of former US Ambassador John L. Loeb, led by Vilhelm Hammershøi’s "Interior of Woman Placing Branches in Vase on Table" (1900), estimated at up to £2 million. Other major highlights include a rare Andy Warhol "Mao" painting, a Banksy work formerly owned by Robin Williams, and pieces by Tracey Emin, El Anatsui, and Donald Judd.

midseaon auctions 2026 analysis jeff koons

Christie’s and Sotheby’s recently concluded their 2026 mid-season contemporary art auctions, signaling a shift toward higher-value inventory in what were traditionally lower-stakes sales. The standout result was the $7.6 million sale of Jeff Koons’s sculpture 'Winter Bears' (1988) at Christie’s, setting a record for the highest-valued work ever sold in a mid-season auction. Meanwhile, Sotheby’s held its first 'Contemporary Curated' sale at its new Breuer building headquarters, achieving $19.4 million led by a $3.8 million Alma Thomas painting.

sothebys contemporary art auction report

Sotheby's held a three-part marathon of contemporary art auctions in New York on Thursday evening, totaling $186.1 million with fees across 68 lots. The evening included white-glove sales for the collections of legendary dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, with the Gladstone offering exceeding its presale estimate. Top lots included Richard Prince's "Man Crazy Nurse" (2002–03), which sold for $3.96 million, and Lucio Fontana's "Concetto spaziale, La fine di Dio" (1963), which achieved $14.5 million. The main contemporary evening sale took in $127 million, while the overall result fell short of last May's equivalent sale of $234.6 million.

Why Hong Kong is one of the greatest places in the world to buy art

Hong Kong has overtaken London to become the world's second-largest contemporary art auction market, according to ArtTactic. The city's commercial art scene is bolstered by outposts of top international galleries like Hauser & Wirth, Gagosian, Pace, and David Zwirner, as well as a successful annual Art Basel fair. Major auction houses including Sotheby's, Phillips, and Bonhams operate significant spaces there, with Sotheby's selling a Claude Monet for $65.5 million in Hong Kong in 2024. The city's art calendar peaks during March's Art Month, which hosts both Art Basel Hong Kong and Art Central.

CONTEMPORARY ART Day Sale on 6 December at 2pm - Christie's

Christie’s Paris has announced two major contemporary art auctions scheduled for late 2023, consisting of a live sale on December 6 and an online sale running from November 28 to December 8. The auctions feature over 200 lots with a combined global estimate of €8.5 million to €12.3 million, highlighted by two previously unseen paintings by Pierre Soulages and works by Jean Dubuffet and Georges Mathieu. A significant portion of the online sale is dedicated to "A Lifetime Collection," a prestigious private Parisian collection featuring works by David Hockney, Sol LeWitt, and Robert Combas.

Christie's Paris Art Week - Christie's

Christie's will hold a series of modern and contemporary art auctions and events in Paris during late October 2025, coinciding with the fourth edition of Art Basel Paris. The sales feature major works including a monumental Yves Klein monochrome (estimate on request), Alberto Giacometti's 'Femme debout' (€5-7M), Paul Signac's 'La Passerelle Debilly' (€4-6M), and pieces by Pierre Soulages, Pierre-Auguste Renoir, and others. The week opens on October 23 with 'Moderne(s), une collection particulière européenne,' a private collection of 40 European avant-garde works, followed by the flagship 'Avant-Garde(s) including Thinking Italian' sale.

Auction record

A new auction record has been set, with a significant artwork selling for a high price at a major auction house. The sale took place recently, drawing attention from collectors and the art market.

Poly Auction Hong Kong Spring Auctions 2026: High Jewels and Watches, Modern and Contemporary Art Auctions to Be Held on 6 April

Poly Auction Hong Kong has announced its Spring 2026 auction series, scheduled to take place from April 6 to April 8 at the Shun Tak Centre. The sales feature a diverse array of categories including Modern and Contemporary Art, Chinese Ceramics, Chinese Paintings, and High Jewelry and Watches. Highlighting the contemporary selection is Liu Wei’s 1995 masterpiece "You Like Pork?", a rare work previously exhibited at the Venice Biennale, alongside a significant 1960s "White period" abstract canvas by Zao Wou-Ki.

Art Market Auctions Recovered Late 2025, But Not A "Comeback" – Citi Wealth

Citi Wealth's report, "State of the Art Market 2026: Don’t Call It A Comeback," finds that the global art market entered 2026 with renewed optimism, but confidence is highly selective and concentrated at the high and accessible ends. The November 2025 Modern and Contemporary Art auctions in New York surged 77% year-on-year to $2.2 billion, driven by the record-breaking $236.4 million sale of Gustav Klimt's *Portrait of Elisabeth Lederer* from the Leonard Lauder collection. However, numerous galleries closed in 2025, including BLUM gallery and Venus Over Manhattan, and traditional hubs like London and New York face slow growth while emerging regions gain influence.

The New Sotheby's Flagship Sets An Opening Date

Sotheby's has announced that its new flagship auction house and gallery space, located in the iconic Breuer Building on Madison Avenue, will open on November 8. The building, designed by Marcel Breuer in 1966, originally housed the Whitney Museum of American Art and later served as temporary home for The Frick Collection and the Metropolitan Museum of Art. The opening exhibition will feature works for Sotheby's marquee modern and contemporary art auctions, followed by pieces for Luxury Week in December. The building also includes a new restaurant from the team behind La Mercerie, and the galleries will be free and open to the public.

Sotheby’s On Singapore’s Collectors Driving The Art Market

Sotheby’s resumed Modern & Contemporary Art auctions in Singapore in 2022 after a 15-year hiatus, signaling renewed confidence in the region. In an interview, Jasmine Prasetio, Managing Director for Southeast Asia at Sotheby’s, discusses how Singaporean and Singapore-based collectors are increasingly active in both local and global sales, actively bidding on and acquiring works by Singaporean artists such as Georgette Chen, Kim Lim, and Jane Lee. Notable auction results include Georgette Chen’s “Lychees and Peaches” achieving $1.5 million in July 2023 and Jane Lee’s “Melt VII” selling for $140,877.

Italian art convinces, international art surprises

Sotheby's and Il Ponte held Modern and Contemporary art auctions in Milan at the end of May, achieving strong results for Italian 20th-century icons and international art. Sotheby's sale on 28 May featured 93 lots, 80 of which were auction debuts, and closed at approximately €11.4 million with a 90% sell-through rate. Top lots included Lucio Fontana's 'Concetto Spaziale, Attese' (1968), which sold for €1.56 million, and works by Giorgio de Chirico, Emilio Vedova, and Alighiero Boetti that far exceeded their high estimates. International highlights included Robert Indiana's 'Decade Autoportrait' selling for €245,000 and Willis Baumeister's 'Moby Dick' setting a record for the artist in Italy.

Inside Contemporary Art’s $60M Week

The contemporary art market just concluded a high-stakes week of auctions in New York, totaling approximately $60 million in sales across various houses. While the figures indicate a stabilized market compared to the post-pandemic boom, the results were characterized by cautious bidding and a reliance on guaranteed lots to ensure success.